PART IV

Item 14. Exhibits, Financial Statement Schedules and Reports on Form 8-K

(a) List of documents filed as part of this report.
                                                                 Page No.

 1.   Financial Statements 

      Independent Auditors' Report                                    16
      Consolidated Balance Sheets as of January 31, 1998 and
       February 1, 1997                                               17
      Consolidated Statements of Income for the three
       fiscal years ended January 31, 1998                            18
      Consolidated Statements of Changes in Stockholders'
       Equity for the three fiscal years ended January 31, 1998       19 
      Consolidated Statements of Cash Flows
       for the three fiscal years ended January 31, 1998              20 
      Notes to Consolidated Financial Statements                      21-28

 2.   Financial Statement Schedules

      All schedules have been omitted since the required information is
      included in the consolidated financial statements or the notes thereto,
      or the omitted schedules are not applicable.

 3.   Exhibits

      (2)         Agreement and Plan of Merger dated as of March 9, 1998
                  among the Company, CSI Acquisition Corp., Lux Corporation,
                  and David Shih, Eva Shih, Daniel Shih, Douglas Shih, the
                  Shih Irrevocable Trust and Crestwood Partners LLC, as
                  amended by letter amendment dated March 23, 1998 and
                  addendum thereto dated March 24, 1998.

      (3)(a)      Restated Certificate of Incorporation of the Company, as
                  amended (incorporated by reference to Exhibit 3(a) to the
                  Company's Annual Report on form 10-K for the fiscal year
                  ended February 1, 1992).

      (3)(b)      Amended By-laws of the Company (incorporated by reference
                  to Exhibit 3(b) to the Company's Annual Report on form 10-K
                  for the fiscal year ended January 28, 1995).

      
      (4)(a)      Revolving Credit Agreement dated as of August 19, 1996
                  between the Company and its subsidiaries and Bank Leumi
                  Trust Company.

      (10)(a)     Incentive Stock Option Plan of the Company, as amended
                  (incorporated by reference to Exhibit 10(a) to the
                  Company's Annual Report on Form 10-K for the fiscal year
                  ended February 1, 1986).

      (10)(b)     Non-Qualified Stock Option Plan of the Company, as amended
                  (incorporated by reference to Exhibit 10(e) to the
                  Company's Annual Report on Form 10-K for the fiscal year
                  ended February 1, 1986).

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      (10)(c)     1991 Stock Option Plan of the Company (incorporated by
                  reference to Appendix A to the Company's Proxy Statement
                  relating to the 1991 Annual Meeting of Stockholders,
                  Commission File No. 1-8899).

      (10)(d)     1996 Stock Option Plan of the Company (incorporated by
                  reference to Appendix A to the Company's Proxy Statement
                  relating to the 1997 Annual meeting of stockholders,
                  Commission File No. 1-8899).

      (10)(e)     401(k) Profit Sharing Plan, as amended (incorporated by
                  reference to Exhibit 10(e) to the Company's Annual Report
                  on Form 10-K for the fiscal year ended February 1, 1992).

      (10)(f)     Office Lease Agreement dated September 8, 1989 between the
                  Company and Two Centrum Plaza Associates (incorporated by
                  reference to Exhibit 10(h) to the Company's Annual Report
                  on Form 10-K for the fiscal year ended February 2, 1991).

      (10)(g)     Amendment of Office Lease Agreement dated July 31, 1990
                  between the Company and Two Centrum Plaza Associates
                  (incorporated by reference to Exhibit 10(I) to the
                  Company's Annual Report on Form 10-K for the fiscal year
                  ended February 2, 1991).
      
      (10)(h)     Addendum to Office Lease dated September 8, 1989 between
                  the Company and Two Centrum Plaza Associates (incorporated
                  by reference to Exhibit 10(j) to the Company's Annual
                  Report on Form 10-K for the fiscal year ended February 2,
                  1991).
      
      (10)(i)     Second addendum to office lease dated January 30, 1997
                  between the Company and Two Centrum Plaza Associates
                  (incorporated by reference to Exhibit 10(g) to the
                  Company's Annual Report on Form 10-K for the fiscal year
                  ended February 1, 1997).

      (10)(j)     Lease between Chancellory Commons I Limited Partnership and
                  Claire's Boutiques, Inc. dated August 31, 1990
                  (incorporated by reference to Exhibit 10(i) to the
                  Company's Annual Report on form 10-K for the fiscal year
                  ended February 1, 1992).
                  
      (21)        Subsidiaries of the Company.

      (23)        Consent of KPMG Peat Marwick LLP relating to the Company's
                  Registration Statement on Form S-8 (Commission File No.
                  333-42027).

      (27)        Financial Data Schedule of the Company. 
                  
      (27)(a)     Financial Data Schedule of the Company as amended for fiscal
                  year ended February 1, 1997 filed herewith.
            
      (27)(b)     Financial Data Schedule of the Company as amended for fiscal 
                  year ended February 3, 1996 filed herewith.
     
                  Each management contract or compensatory plan or
                  arrangement to be filed as an exhibit to this report
                  pursuant to Item 14(c) is listed in exhibits nos. 10(a),
                  10(b), 10(c), 10(d) and 10(e).

(b)   Reports on Form 8-K.
                  
      None.

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                                   SIGNATURES


Pursuant to the requirements of Section 13 of 15(d) of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.

                                 CLAIRE'S STORES, INC.



                                 By /S/Rowland Schaefer    
                                 Rowland Schaefer
                                 President and Chairman
                                 of the Board of Directors

April 8, 1998

Pursuant to the requirements of the Securities Exchange Act of 1934, this 
report has been signed below by the following persons on behalf of the 
registrant and in the capacities indicated on April 8, 1998.

                                  
/S/ Rowland Schaefer              President and
Rowland Schaefer                  Chairman of the Board of Directors
                                  (Principal Executive Officer)

/S/ Marla Schaefer                Vice Chairman of the Board of Directors
Marla Schaefer


/S/ Ira D. Kaplan                 Senior Vice President, Chief Financial  
Ira D. Kaplan                     Officer and Treasurer
                                  (Principal Financial and Accounting Officer)


/S/ Harold E. Berritt             Director
Harold E. Berritt


/S/ Fred D. Hirt                  Director
Fred D. Hirt


/S/ Bruce G. Miller               Director
Bruce G. Miller


/S/ Sylvia Schaefer               Director
Sylvia Schaefer


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